Entrepreneurial Importance

2 replies
I think Entrepreneur is part of our life. Up to now we must have meet at least one entrepreneur and have learned many things from it. Entrepreneurship is very important and has lot of skills that are part of daily routines as well as creating new opportunities. Keeping knowledge of problem solving, strategic planning, new product development, project management are the sign of a successful entrepreneur.



An important reason for participating in the entrepreneurial process is that it involves a significant amount of making and building things. They can act as an agent and change or transform existing firm to new opportunities. They can cause economic growth by providing new products to people in low cost so that people can save their money and get best product.


Overall, entrepreneur faces all types of challenges untill positive results.
Appreciate to comment your views about Entrepreneur importance.


Thank You,
Vivek Patel
#entrepreneurial #importance
  • Profile picture of the author Rajesh K
    Hi Vivek,

    Your post deals with the transformation of existing firm to a new firm, which can be noticed regularly in our surroundings. This can be observed more in small firms; since the investment into the business is less and the transformation is easy to apply. As you said, this ultimately results in the supply of new and more products of good quality at low price.
    The point you discussed about challenges faced by entrepreneurs is very true and it shows their determination and love towards work and the idea.
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  • Profile picture of the author onehalf
    Entrepreneurship is not only important for a single business, but it is also a key role in the growth of a country.They create products and innovate.
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